Growth and Expertise MyCompanyWorks has established itself as a leading provider in the incorporation and business filing services industry since 2001, serving tens of thousands of clients across all 50 states and DC. Its extensive experience and broad service coverage position it well for upselling advanced formation packages and premium filing services to existing customers.
Technological Innovation The recent launch of EntityMachine, a Business Entity Formation and Management API for bulk filings, highlights the company's focus on streamlining business formation processes through technology. This presents an opportunity to offer complementary automation solutions, integrations, and expanded API functionalities to clients seeking efficient, scalable entity management tools.
Strategic Acquisition Being part of RASi, a Lexitas company, since 2023 offers MyCompanyWorks access to larger corporate resources and a broader client base. This affiliation enhances cross-selling possibilities with RASi’s legal support and registered agent services, allowing for bundling and diversified service offerings.
Market Positioning Positioned alongside competitors like LegalZoom and ZenBusiness with a revenue range between 10M to 25M, MyCompanyWorks can leverage its niche expertise to attract small to medium-sized businesses looking for reliable, specialized filings and formation solutions, creating opportunities to customize packages based on business size and industry needs.
Client Engagement Opportunities With a focused service portfolio and an emphasis on business formation, there is potential to expand client engagement through educational content, compliance tools, and ongoing support services. Tailoring these offerings could facilitate upselling higher-value renewal services and ancillary legal or administrative products to existing clients.